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SCI Start the Week - 30 September
A look at the major activity in structured finance over the past seven days
PipelineThe number of deals joining the pipeline slowed a little last week, although there was still...
News 30 September 2013 -
Spanish NPL warning issued
The rise in Spanish non-performing loans (NPLs) recently announced by the Bank of Spain is likely to...
News Round-up 27 September 2013 -
Fraud suit to proceed
The US District Court for the Southern District of New York has allowed the US Department of Justice...
Job Swaps 27 September 2013 -
Euro ABS, RMBS markets 'calm'
The European ABS and RMBS markets continue to exhibit healthy if unspectacular levels of activity. P...
Market Reports 27 September 2013 -
Master stroke?
Aussie regulator considers master trust merits
Speculation is growing that the Australian Prudential Regulation Authority (APRA) might allow securi...
News Analysis 27 September 2013 -
SFIG continues to build
SFIG has hired Sonny Abbasi as director for RMBS policy issues and Sairah Burki as director for ABS...
Job Swaps 26 September 2013 -
Further delay for Countrywide pay-out
The September session of the US$8.5bn Countrywide settlement hearing has ended, without a conclusion...
News Round-up 26 September 2013 -
US supply sees sharp up-tick
US secondary market activity has picked up significantly across the board, with SCI's PriceABS archi...
Market Reports 25 September 2013 -
NCUA files RMBS, Libor suits
The NCUA has filed lawsuits against Morgan Stanley and eight other institutions over the sale of nea...
Job Swaps 25 September 2013 -
Independent credit advisory formed
Rod Moulton has launched Euro Credit Risk (ECR) with headquarters in London and offices in Milan and...
Job Swaps 25 September 2013 -
RMBS prices to follow ratings upwards
US RMBS rating upgrades picked up steam in the second half of 2012, boosting the prices of the affec...
News 24 September 2013 -
NAIC scenario update discussed
The NAIC is proposing to update its macroeconomic assumptions that it will use when valuing non-agen...
News Round-up 24 September 2013 -
Richmond injunction dismissed
US District Judge Charles Breyer last week dismissed the preliminary injunction lawsuit that Wells F...
News Round-up 24 September 2013 -
Pre-crisis RMBS features re-emerging
Some issuers of US private label RMBS have re-introduced structural features that were common in pre...
News Round-up 24 September 2013 -
Portfolio loss metrics introduced
Fitch has introduced new measures in connection with its expectations for portfolio losses for EMEA...
News Round-up 24 September 2013 -
Risk management specialist joins REIT
Two Harbors Investment Corp has appointed Robert Rush as risk management md. He will report to Paul...
Job Swaps 24 September 2013